108 Mitchell Street 50,999 SF Industrial Building Maidstone, VIC 3012 For Sale

This generational industrial investment opportunity is now available for the first time in over 30 years. Located at 108 Mitchell Street, Maidstone, the property occupies a substantial 9,223 sqm corner landholding in Melbourne’s tightly held inner-west industrial precinct, just 8 km from the CBD. The site is improved with an expansive warehouse and office facility of approximately 4,738 sqm, offering excellent functionality and circulation for logistics and industrial operations.
The asset is underpinned by a secure long-term lease to a strong, established tenant backed by an internationally listed global company. The lease structure provides a 10-year initial term with two further 5-year options, delivering a robust WALE and income security. Investors will benefit from annual rental increments and market rent reviews every five years, ensuring consistent growth and alignment with market conditions.
Zoned Industrial 3 (IN3Z), the property offers significant long-term land value in a supply-constrained inner-metro market. With approximately 80–100 on-site car spaces and excellent access from its prominent corner position, this property combines strong income fundamentals with future redevelopment potential. This is a rare “set and hold” opportunity in one of Melbourne’s most sought-after industrial locations.